Rio Grande do Norte port authority posts positive results after four decades

The Rio Grande do Norte Dock Company (CODERN) posted a positive financial result for the first time in the last four decades in recent months.

According to CODERN, the milestone was reached through radical changes to management and governance in all sectors of the Company.

The outlook for 2020 is to turn the recent result into significant profitability in order to start settling debts and existing liabilities, thus freeing up cash for its own investments.

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